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PERFORMANCE WORK STATEMENT (PCs)LOWER TIER INDEPENDENT VERIFICATION AND VALIDATION (IVAN) SOFTWARE SUPPORT FOR THE SOFTWARE ENGINEERING DIRECTORATE (USED)U.S. ARMY RESEARCH, DEVELOPMENT, AND ENGINEERING
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Lower tier independent verification is a process where a third party verifies the accuracy of financial and other information provided by a lower tier contractor or subcontractor.
Lower tier contractors or subcontractors who are awarded federal funds and fall below a certain dollar threshold are required to file lower tier independent verification.
Lower tier independent verification is typically filled out by the third-party verifier who conducts the verification process based on the information provided by the lower tier contractor or subcontractor.
The purpose of lower tier independent verification is to ensure transparency and accuracy in reporting of information related to federal funds for projects involving lower tier contractors or subcontractors.
Lower tier independent verification typically includes financial information, compliance with regulations, and other relevant data related to the federal funds received.
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